Sep 2026 (Q3 FY26) — Oct 20, 2026
Vicor Q3 FY26 — Strong Revenue Growth Driven by Advanced Products and Licensing, Capacity Expansion Underway
Read the full callVicor earnings: last reported Tue, 20 Oct 2026, for the quarter ended Sep 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 113 | +20.2% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | 14.9 | +15.1 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | 20.7 | +713.9% YoY | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. |
Guidance
3 of 3 judged targets kept · 12 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Q2 FY26 revenue guidance | Q2 revenues of nearly $126 million | Mar 2026 | Vicor recorded product and royalty revenue for the second quarter of $143.4 million | Achieved |
| Full-year FY26 revenue guidance | 2026 revenues of nearly $570 million | Mar 2026 | over $600 million in 2026 revenue | Revised Up |
| FY26 gross margin expansion | margin expansion | Mar 2026 | Along with revenue growth, we expect margin expansion. | On Track |
12 of VICOR CORP's 15 targets are still open. See which are on track and which have gone quiet. The 3 above are the free sample; 12 more targets are in the full ledger.
Claimed
Qualified
Price
1Y: $85.76 on 22 Oct 2025 → $176.04. High $379.78 (30 Jun 2026), low $83.28 (20 Nov 2025).
Overview
Guidance
3 of 3 judged targets kept · 12 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Q2 FY26 revenue guidance | Q2 revenues of nearly $126 million | Mar 2026 | Vicor recorded product and royalty revenue for the second quarter of $143.4 million | Achieved |
| Full-year FY26 revenue guidance | 2026 revenues of nearly $570 million | Mar 2026 | over $600 million in 2026 revenue | Revised Up |
| FY26 gross margin expansion | margin expansion | Mar 2026 | Along with revenue growth, we expect margin expansion. | On Track |
Claimed
Qualified
The full ledger
A free account opens 5 company ledgers a month. All 15 tracked commitments, with each call’s wording and source.
Call summaries
Vicor Q3 FY26 — Strong Revenue Growth Driven by Advanced Products and Licensing, Capacity Expansion Underway
Read the full callVicor Corporation Q2 FY26 — Strong Sequential Growth Driven by Advanced Products and Licensing
Read the full callVicor Q1 FY26 — Strong Orders and Capacity Expansion for AI Demand
Read the full callEvery analysed call
Financials
Net profit, year on year: +714% (quarter to mar 2026 against mar 2025).
| Line item | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 86 | 93 | 96 | 94 | 141 | 110 | 107 | 113 |
| Operating profit | 0 | 5 | 9 | -0 | 45 | 21 | 16 | 17 |
| Operating margin | 0.3% | 5.8% | 9.6% | −0.2% | 32.2% | 18.9% | 14.6% | 14.9% |
| Other income | 3 | 4 | 3 | 3 | 4 | 2 | 4 | 4 |
| Profit before tax | 3 | 9 | 12 | 3 | 49 | 23 | 19 | 20 |
| Tax rate | 139.6% | −27.0% | 12.9% | 14.2% | 16.0% | −21.4% | −142.0% | −1.3% |
| Net profit | -1 | 12 | 10 | 3 | 41 | 28 | 47 | 21 |
| EPS ($ per share) | -0.03 | 0.26 | — | 0.06 | 0.92 | 0.63 | — | 0.45 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Reserves | 129 | 143 | 161 | 218 | 243 | 297 | 303 | 421 |
| Total liabilities | 37 | 35 | 45 | 53 | 73 | 54 | 71 | 74 |
| Fixed assets | 50 | 57 | 75 | 116 | 166 | 158 | 153 | 148 |
| Investments | — | — | 50 | 45 | 0 | — | — | — |
| Total assets | 221 | 241 | 396 | 477 | 537 | 595 | 641 | 786 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 36 | 22 | 35 | 54 | 23 | 75 | 51 | 140 |
| Cash from investing | -18 | -12 | -79 | -44 | -19 | -33 | -24 | -20 |
| Cash from financing | 8 | 4 | 121 | 10 | 4 | 11 | 8 | 6 |
| Net cash flow | 26 | 14 | 77 | 21 | 8 | 52 | 35 | 126 |
| Capital expenditure | -18 | -12 | -29 | -48 | -64 | -33 | -24 | -20 |
| Free cash flow | 18 | 10 | 6 | 7 | -41 | 41 | 27 | 119 |
Advancedproducts grew from 53% to 66% of revenue over the last two years.
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Advancedproducts | 53% | 61% | 64% | 63% | 59% | 58% | 57% | 66% | +55.5% |
| Brickproducts | 47% | 39% | 36% | 37% | 41% | 42% | 43% | 34% | +38.6% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Q2 FY2026 · share of revenue
As VICR cuts its regions in its filings; they can nest, so they need not add to 100%.
1134 filings between Oct 27, 2025 and Oct 2, 2026.
Purchases
None
No insider bought shares.
Sales
$414.34M
987 sales by 18 insiders
87% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Also filed: 3 gifts.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| VINCIARELLI PATRIZIO | — | $346.57M | Oct 2, 2026 |
| Tuozzolo Claudio | — | $11.87M | Jun 11, 2026 |
| Schmidt James F | — | $7.79M | Jun 25, 2026 |
| McNamara Michael | — | $7.55M | May 11, 2026 |
| EICHTEN ESTIA J | — | $6.84M | Mar 13, 2026 |
| Davies Philip D | — | $6.61M | Oct 1, 2026 |
| Doyle Alvaro | — | $4.61M | May 12, 2026 |
| D'Amico Andrew | — | $4.50M | Jun 26, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 2, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 2,679 | $834.3K |
| Oct 2, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 877 | $271.1K |
| Oct 2, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 1,312 | $411.1K |
| Oct 2, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 6,448 | $2.00M |
| Oct 2, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 4,961 | $1.53M |
| Oct 2, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 1,075 | $329.9K |
| Oct 2, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 2,648 | $826.9K |
| Oct 1, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 500 | $156.9K |
| Oct 1, 2026 | Davies Philip D Corp. VP-Global Sales & Mktg. | Sale 10b5-1 plan | 201 | $64.4K |
| Oct 1, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 1,100 | $353.7K |
| Oct 1, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 900 | $290.2K |
| Oct 1, 2026 | Davies Philip D Corp. VP-Global Sales & Mktg. | Sale 10b5-1 plan | 500 | $158.7K |
| Oct 1, 2026 | Davies Philip D Corp. VP-Global Sales & Mktg. | Sale 10b5-1 plan | 299 | $95.6K |
| Oct 1, 2026 | Davies Philip D Corp. VP-Global Sales & Mktg. | Sale 10b5-1 plan | 400 | $127.3K |
| Oct 1, 2026 | Davies Philip D Corp. VP-Global Sales & Mktg. | Sale 10b5-1 plan | 300 | $94.5K |
| Oct 1, 2026 | Davies Philip D Corp. VP-Global Sales & Mktg. | Sale 10b5-1 plan | 300 | $94.9K |
| Oct 1, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 700 | $220.3K |
| Oct 1, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 300 | $93.4K |
| Oct 1, 2026 | Davies Philip D Corp. VP-Global Sales & Mktg. | Sale 10b5-1 plan | 100 | $31.3K |
| Oct 1, 2026 | Davies Philip D Corp. VP-Global Sales & Mktg. | Option exercise 10b5-1 plan | 856 | $35.6K |
| Oct 1, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 2,100 | $665.4K |
| Oct 1, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 1,300 | $410.5K |
| Oct 1, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 1,300 | $399.1K |
| Oct 1, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 1,800 | $576.2K |
| Oct 1, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 400 | $124.7K |
| Oct 1, 2026 | Davies Philip D Corp. VP-Global Sales & Mktg. | Option exercise 10b5-1 plan | 2,216 | $75.3K |
| Oct 1, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 2,300 | $708.9K |
| Oct 1, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 900 | $297.0K |
| Oct 1, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 100 | $32.5K |
| Oct 1, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 600 | $194.0K |
| Oct 1, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 1,700 | $542.3K |
| Oct 1, 2026 | Davies Philip D Corp. VP-Global Sales & Mktg. | Sale 10b5-1 plan | 100 | $31.2K |
| Oct 1, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 2,400 | $763.3K |
| Oct 1, 2026 | Davies Philip D Corp. VP-Global Sales & Mktg. | Sale 10b5-1 plan | 400 | $128.8K |
| Oct 1, 2026 | VINCIARELLI PATRIZIO Chairman & CEO | Sale 10b5-1 plan | 1,600 | $494.1K |
| Oct 1, 2026 | Davies Philip D Corp. VP-Global Sales & Mktg. | Sale 10b5-1 plan | 272 | $83.9K |
| Oct 1, 2026 | Davies Philip D Corp. VP-Global Sales & Mktg. | Sale 10b5-1 plan | 200 | $61.4K |
| Sep 1, 2026 | Davies Philip D Corp. VP-Global Sales & Mktg. | Sale 10b5-1 plan | 700 | $125.1K |
| Sep 1, 2026 | Davies Philip D Corp. VP-Global Sales & Mktg. | Sale 10b5-1 plan | 100 | $18.5K |
| Sep 1, 2026 | Davies Philip D Corp. VP-Global Sales & Mktg. | Sale 10b5-1 plan | 1,100 | $195.4K |
| Sep 1, 2026 | Davies Philip D Corp. VP-Global Sales & Mktg. | Option exercise 10b5-1 plan | 3,073 | $127.9K |
| Sep 1, 2026 | Davies Philip D Corp. VP-Global Sales & Mktg. | Sale 10b5-1 plan | 1,173 | $207.1K |
| Aug 20, 2026 | ANDERSON SAMUEL J Director | Option exercise | 331 | $20.0K |
| Aug 20, 2026 | ANDERSON SAMUEL J Director | Option exercise | 908 | $40.0K |
| Aug 20, 2026 | ANDERSON SAMUEL J Director | Option exercise | 1,216 | $40.0K |
| Aug 20, 2026 | ANDERSON SAMUEL J Director | Option exercise | 754 | $40.0K |
| Aug 20, 2026 | ANDERSON SAMUEL J Director | Option exercise | 200 | $20.0K |
| Aug 17, 2026 | Lavie Zmira Director | Sale | 908 | $227.0K |
| Aug 17, 2026 | Lavie Zmira Director | Option exercise | 908 | $40.0K |
| Aug 17, 2026 | ANDERSON SAMUEL J Director | Sale | 2,073 | $523.6K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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